Coziron Resources Limited (ASX:CZR) shares were down 29.4% during mid-day trading on Monday . The company traded as low as A$0.01 ($0.01) and last traded at A$0.01 ($0.01), approximately 2,136,226 shares changed hands during trading. An increase of 474% from the average daily volume of 372,150 shares. The stock had previously closed at A$0.02 ($0.01).

The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 21.00. The stock’s 50-day simple moving average is A$0.01. The stock has a market capitalization of $21.43 million and a price-to-earnings ratio of -12.00.

Coziron Resources Company Profile (ASX:CZR)

Coziron Resources Limited explores for mineral properties in Australia. The company primarily explores for iron ore, gold, copper, vanadiferous titanomagnetite, and other base metal deposits. It holds interests in the Yarraloola iron ore project covering an area of 896 square kilometers located in the West Pilbara; Shepherds Well project that covers an area of 192.2 square kilometers located to the southwest of Karratha; Yarrie project totaling an area of 419 square kilometers located to the east of Port Hedland; and Buddadoo iron ore project covering an area of 192 square kilometers situated in the mid-west of Western Australia.

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